AAVE's price is showing strength again after potentially washing away weak hands following price dips in mid-July and August 2. On-chain metrics show long-term holders are unwilling to sell despite recent price rally. AAVE could rally above its … [Continue reading]
Ethereum price forecast amid data showing Donald Trump holds over $2 million in ETH
Ethereum ETFs break inflows streak with over $39 million in net outflows. BlackRock's crypto ETF on-chain holdings have overtaken those of Grayscale ETFs. Donald Trump holds over $2 million in Ethereum, per Arkham Intelligence. Ethereum could … [Continue reading]
Ethereum’s rally is dependent on key technical indicators amid $39 million in ETF outflows
Ethereum ETFs break inflows streak with over $39 million in net outflows. BlackRock's crypto ETF on-chain holdings have overtaken those of Grayscale ETFs. Donald Trump holds over $2 million in Ethereum, per Arkham Intelligence. Ethereum could … [Continue reading]
Australian Dollar steady as hawkish RBA makes the Aussie gain interest
AUD/USD shows an increase, climbing to 0.6950. RBA’s Bullock was on the wires and maintained its hawkish stance. A weaker USD also benefited the Aussie. The AUD/USD pair experienced an increase of 0.40% during Friday's session, settling near 0.6950. … [Continue reading]
Fed’s Gooslbee: Some things are flashing yellow, it’s getting a little cautionary
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Friday that some economic signals are giving policymakers cause for concern, and nodded at a general tightening of credit facilities. Key highlights There are some things that … [Continue reading]
GBP/JPY shrugs off strong UK data, pulls back from 200-day SMA
GBP/JPY pulls back after touching 200-day SMA despite better-than-expected UK data. Analysts still expected the BoE to make rate cuts in 2024. The Yen gains strength from positive GDP data and expectations of more rate hikes from … [Continue reading]
Bitcoin Weekly Forecast: Signs of weakness persist
Marathon Digital (MARA) added 4,141 BTC worth $249 million this week. On Tuesday and Wednesday, Mt. Gox and the US government fund transfer create FUD among traders. On-chain data shows negative bias, signaling a bearish move for BTC ahead. Bitcoin … [Continue reading]
Gold price remains depressed amid positive risk tone, bears seem non-committed
Gold price edges lower on Friday amid easing US recession fears and the prevalent risk-on environment. Receding bets for a more aggressive policy easing by the Fed contribute to the modest intraday decline. Geopolitical risks and bets on an … [Continue reading]
South Korea Trade Balance fell from previous $3.62B to $3.6B in July
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
FLOKI down following partnership with Premier League club Nottingham Forest
FLOKI announced its official partnership with Premier League football club Nottingham Forest for the 2024/2025 season. FLOKI is down 1.5% following the announcement. According to IntoTheBlock's data, DOGE, FLOKI and MOG are among the meme coins … [Continue reading]